The rate for undergraduate loans is up from 5.5 percent this past school year and higher than it has been in more than a decade. By Ann Carrns This has already been a challenging year for college ...

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Borrowing to pay for college is about to get more expensive: The interest rate on new federal student loans for undergraduates during the upcoming 2024-25 academic year will be the highest in 12 ...

Following an exceptionally large drop during 2020, federal student loan rates have steadily been rising by roughly one percent — or just under — each year.

For the 2024-25 school year, undergraduates can expect a 6.53% federal student loan interest rate — making the cost of borrowing for college the highest it's been in 16 years. Grad students and ...

Federal student loan interest rates will reach record heights for the 2024-25 school year, increasing the cost of college for people who will take out student loans, according to a May 14 ...

INDIANAPOLIS — Federal student loan rates are going up 1.03% for the 2024-25 school year. That is money disbursed between July 1, 2024, and June 30, 2025. For undergrads, that is a 16-year high.

The Department of Education announced Tuesday that federal student loan interest rates for the 2024-2025 school year hit 6.53 percent, up from 5.5 percent the previous year. Higher education ...

It indicates an expandable section or menu, or sometimes previous / next navigation options. Student Loan Refinance Rates Undergraduate Student Loan Rates Private Student Loan Rates vs. Federal ...

This article was first published on NerdWallet.com. Federal student loan interest rates will reach record heights for the 2024-25 school year, increasing the cost of college for people who will ...